STORE Capital (STOR) Earning Somewhat Positive Media Coverage, Study Shows

Headlines about STORE Capital (NYSE:STOR) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. STORE Capital earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.808141838509 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media headlines that may have effected Accern’s scoring:

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Shares of NYSE:STOR opened at $25.16 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.64. STORE Capital has a 1 year low of $19.65 and a 1 year high of $26.58. The firm has a market cap of $4,791.04, a P/E ratio of 14.71, a PEG ratio of 2.82 and a beta of 0.11.

STORE Capital (NYSE:STOR) last posted its earnings results on Thursday, February 22nd. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.02. STORE Capital had a return on equity of 5.35% and a net margin of 36.27%. The company had revenue of $120.10 million for the quarter, compared to analyst estimates of $114.90 million. During the same period last year, the company earned $0.40 earnings per share. The business’s revenue was up 17.6% compared to the same quarter last year. analysts anticipate that STORE Capital will post 1.75 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, April 16th. Shareholders of record on Friday, March 30th were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, March 28th. This represents a $1.24 annualized dividend and a yield of 4.93%. STORE Capital’s dividend payout ratio (DPR) is currently 72.51%.

Several analysts recently issued reports on the company. B. Riley set a $26.00 price objective on STORE Capital and gave the stock a “hold” rating in a report on Friday, February 23rd. Zacks Investment Research upgraded STORE Capital from a “sell” rating to a “hold” rating in a report on Friday, March 9th. SunTrust Banks set a $27.00 price objective on STORE Capital and gave the stock a “buy” rating in a report on Tuesday, April 3rd. ValuEngine lowered STORE Capital from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Wells Fargo cut their price objective on STORE Capital from $27.00 to $26.00 and set a “market perform” rating for the company in a report on Tuesday, March 20th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $26.91.

In related news, CFO Catherine F. Long bought 4,225 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were bought at an average cost of $23.70 per share, for a total transaction of $100,132.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph M. Donovan bought 4,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were bought at an average price of $23.75 per share, for a total transaction of $95,000.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 12,475 shares of company stock worth $295,603. Corporate insiders own 0.90% of the company’s stock.

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STORE Capital Company Profile

STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in 1,921 property locations, substantially all of which are profit centers, in 48 states.

Insider Buying and Selling by Quarter for STORE Capital (NYSE:STOR)

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